BTC $80,737.32 -1.06%
ETH $2,378.36 -0.82%
BNB $738.79 +0.01%
XRP $1.29 -2.37%
SOL $102.44 -1.69%
TRX $0.3297 +0.17%
DOGE $0.0786 -1.33%
ADA $0.2114 -2.13%
BCH $276.98 -3.35%
LINK $11.84 -2.78%
HYPE $77.11 -1.12%
AAVE $143.96 -3.52%
SUI $0.9597 -3.12%
XLM $0.1728 -2.99%
ZEC $1,170.51 -4.72%
AAPL $347.56 +0.10%
AMZN $248.85 -0.54%
GOOGL $321.92 -0.59%
MSFT $524.40 +1.45%
META $641.84 -0.46%
NVDA $211.53 -0.99%
TSLA $372.06 -1.00%
SNDK $1,244.44 -3.23%
INTC $86.91 -0.10%
SPCX $147.86 -0.18%
MU $886.30 +1.34%
AMD $518.85 +0.63%
BTC $80,737.32 -1.06%
ETH $2,378.36 -0.82%
BNB $738.79 +0.01%
XRP $1.29 -2.37%
SOL $102.44 -1.69%
TRX $0.3297 +0.17%
DOGE $0.0786 -1.33%
ADA $0.2114 -2.13%
BCH $276.98 -3.35%
LINK $11.84 -2.78%
HYPE $77.11 -1.12%
AAVE $143.96 -3.52%
SUI $0.9597 -3.12%
XLM $0.1728 -2.99%
ZEC $1,170.51 -4.72%
AAPL $347.56 +0.10%
AMZN $248.85 -0.54%
GOOGL $321.92 -0.59%
MSFT $524.40 +1.45%
META $641.84 -0.46%
NVDA $211.53 -0.99%
TSLA $372.06 -1.00%
SNDK $1,244.44 -3.23%
INTC $86.91 -0.10%
SPCX $147.86 -0.18%
MU $886.30 +1.34%
AMD $518.85 +0.63%
first_img

Data: Nearly 80% of Ethereum addresses are in profit, holding a total of 59.08 million ETH

2024-11-04 17:49:12

ChainCatcher news, according to data from IntoTheBlock, at the current price level of ETH at $2458.51, approximately 79.92% of addresses are in profit, holding a total of 59.08 million ETH. The specific data shows:

  1. Profitable addresses (In the Money): holding 59.08 million ETH, accounting for 79.92%;
  2. Losing addresses (Out of the Money): holding 14.62 million ETH, accounting for 19.77%;
  3. Break-even addresses (At the Money): holding 225.65 thousand ETH, accounting for 0.31%;

Based on this data, analysts have pointed out several key price ranges:

  • Support range: $2087-2311, this range has the highest density of profitable addresses and may provide strong support during a pullback.
  • Resistance range: $2459-2531, the first resistance area above the current price, where a large number of investors are close to breakeven.
  • Strong resistance range: $2531-2827, in this range, the number of losing addresses increases, which may face significant selling pressure.

In terms of investment strategy, analysts suggest that short-term investors consider buying in the support range of $2087-2311 and consider taking profits when the price breaks above $2459 and approaches $2531. Medium to long-term investors can view $2087 as a solid support level for positioning, and if the price breaks above $2531, they can continue to monitor up to $2827.

Analysts emphasize that although most investors are in profit, this also means the market may face profit-taking pressure. Investors should closely monitor the above key price ranges and adjust their strategies in a timely manner according to market changes.

Related tags
Related tags
app_icon
ChainCatcher Building the Web3 world with innovations.